Penny Wisdom By Emeka Uzoatu Had to pinch myself the other day as it slowly dawned on me that the … More
Tag: Nigeria
Retirement: When Delay is Preferred
Money Palaver By George Eze Emeghara It used to be that people looked forward to retiring. It was chance for … More
Nigerian Unions Call Off General Strike
Monday, 28 September 2020 By Our Reporters Nigerian trade unions called off a planned general strike after reaching an overnight … More
Nigerian Unions Set for General Strike
By Bashir Olanrewaju Nigerian trade unions are set for an indefinite general strike from Monday against a hike in fuel … More
Buharinomics Corners Nigerian Pension Funds
By Chuks Emele Friday, 25 September 2020 Nigerian pension funds are in a quandary. They’re fighting a lost battle to … More
Markets at a Glance
Thursday, 24 September 2020 EQUITIES • The All-Share Index rose 0.79% to 25,987.14, with market capitalizationat13.458 trillion naira. • The … More
Markets at a Glance
Wednesday, 23 September 2020 EQUITIES • The All-Share Index rose 0.5% to 25,783.02, with market capitalization at13.47 trillion naira •The … More
One Thing Covid-19 Can’t Take Away
Penny Wisdom By Emeka Uzoatu Hi. You there? Today I come with differential tidings. One borne out of a slip … More
Central Bank Cuts Benchmark Interest Rate to 11.5%
By Bashir Olanrewaju Tuesday, 22 September 2020 The Central Bank of Nigeria cut its monetary policy rate to 11.5 percent … More
Markets at a Glance
Monday, 21 September 2020 EQUITIES • The All-Share Index rose 0.1% to 25,574.35, with market capitalization at 13.36 trillion • … More
Revenue Agents: a Growing Menace
Money Palaver By George Eze Emeghara Last week two videos went viral. One showed a poultry farmer who lost newly … More
FIRS Says Rule on Bank Accounts Only for Non-Residents
By Bashir Olanrewaju Friday, 18 September, 2020 Nigeria’s Federal Inland Revenue Service said a new rule demanding self certification for … More
Nigerian Unions Threaten Strike Over Hikes in Energy Prices
By Bashir Olanrewaju The Nigerian Labour Congress, the country’s biggest trade-union federation, said it will begin an indefinite strike on … More
Turning Tides and an Old Adage
Penny Wisdom The going maxim since the dawn of time has been: Penny wise, Pound stupid. Only God knows why … More
The Depositors’ Dilemma as Ponzi Schemes Beckon
With inflation said to be running at about 15 percent, a deposit of one million naira in January 2020 will earn 15,000 naira in interest after one year. It will also lose 150,000 naira to inflation, giving a net loss in value of 135,000 naira. When the effects of currency devaluation are factored in, the situation becomes even more dire.
Weekly Nuggets
Saturday, 12 September 2020 Nigerian Manufacturers Say Unsold Goods at an All-Time High The Manufacturers Association of NIgeria said unsold … More
Weeky Nuggets
Saturday, September 5, 2020 Nigeria Resumes International Flights, Bars Some Airlines Nigeria resumed international flights of September 5 with the … More
Daily Market Wrap
Wednesday, August 27, 2020 Market Insights- The Nigerian equities market maintained its uptrend with both the All-Share Index and the … More
Daily Market Wrap
Tuesday, August 18, 2020 Market Insight– The Nigerian equities market reversed its direction and closed in the green today with … More
Daily Market Wrap
Wednesday, August 12, 2020 Market Insight. The Nigerian equities market reversed its direction and closed in the green today after … More
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